https://www.taxtmi.com/caselaws?id=201802 The HC dismissed the appeal, agreeing with the Tribunal that once an in-house R&D facility is approved during the relevant previous year, the assessee is entitled under section 35AB(2) to claim weighted deduction for the entire expenditure incurred in developing that facility. The court found rule 6(5A) and Form 3CM harmonize with the statute and that legislative intent favors encouraging R&D facility development, leaving no scope for any alternate interpretation or substantial question of law. en-us Thu, 07 Aug 2008 00:00:00 +0530 Mon, 08 Jun 2026 13:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=201802 The HC dismissed the appeal, agreeing with the Tribunal that once an in-house R&D facility is approved during the relevant previous year, the assessee is entitled under section 35AB(2) to claim weighted deduction for the entire expenditure incurred in developing that facility. The court found rule 6(5A) and Form 3CM harmonize with the statute and that legislative intent favors encouraging R&D facility development, leaving no scope for any alternate interpretation or substantial question of law. Case-Laws Income Tax Thu, 07 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=201802